Current Accounts and Deposits

Orient Express Bank takes deposits from private individuals both in Russian Roubles and in foreign currencies on the most convenient terms and conditions for depositor. At the customer's discretion Orient Express Bank may open multi currency deposit in order to minimize currency risk.

The Bank designed a flexible interest rate system depending on the type of deposit and its placement term. Orient Express Bank guarantees to the depositor that interest payable with respect to the deposit will match as maximum as possible the bid rate available on its segment on the banking market. Concluding a deposit agreement with Orient Express Bank the depositor may rest assured that agreed terms and conditions will remain the same during the life of the Deposit agreement entered into by the parties. Orient Express Bank is oriented to gain profits for all social groups and proposes such kind of services that are the most profitable placement of cash resources.

Orient Express Bank's current accounts allow to handle and to transmit funds. As of 31 December 2008, total customer accounts of individuals amounted to USD 600 532. thousands; representing 95.6 per cent of Orient Express Bank's total customer accounts as of that date. Orient Express Bank does not charge borrowers fees for early withdrawal of term deposits. However, depending on the type of term deposit product, Orient Express Bank might significantly reduce the interest rate on the account in the event of an early withdrawal.